Business, 01.03.2021 22:10 myamiller558

A firm purchased some equipment for $30,000. The equipment reduced costs by $2,000 each year for 8 years. the equipment was sold for $40,000 at the end of the 8 years. Using an interest rate of 10% and annual cash flow analysis (EUAW) determine if the investment was acceptable.

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A firm purchased some equipment for $30,000. The equipment reduced costs by $2,000 each year for 8 y...

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